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Asian Stocks Advance as Nikkei Hits Record High, Expectations for Fed Rate Cut Grow

Asian stocks were higher on Wednesday with Japan's Nikkei breaking past 43,000 for the first time and global markets establishing new records. U.S. inflation data that was softer than expected added to the case for another Federal Reserve rate cut next month. Ether hit a nearly four-year high and the dollar held near a two-week low while commodities were steady.
Aug 14, 2025
By Anshul Panda
Perplexity to buy Chrome?

Perplexity AI Makes $34.5B Surprise Bid for Google's Chrome Amid Antitrust Pressure

Amid US antitrust pressure on Google parent company Alphabet, Perplexity AI has offered $34.5 billion in cash deal to purchase the Google Chrome browser. This would instantly give Perplexity reach to more than three billion people. The bid still faces uncertain funding sources but could take off if a court rules soon on a US lawsuit claiming Google abuses its market power.
Aug 14, 2025
By Anshul Panda
Elon Musk

Elon Musk Threatens to Sue Apple Over App Store Rankings of X and Grok

Elon Musk says Apple is unfairly excluding his X platform and Grok AI chatbot from top App Store recommendations. He claims this violates antitrust laws and plans to take legal action. Apple denies bias, insisting its ranking system is fair and objective.
Aug 13, 2025
By IBT News Desk
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A Democratic vs a Totalitarian State

A Democratic vs a Totalitarian State

By IBTimes SG Desk